ARTPRO: Introducing the Art of Blockchain
As an artist or art enthusiast, how do you guarantee that the seller you are interacting with will not attempt to fleece you? How do you know that the artwork you just purchased is genuine and not a rip-off? The answer is here: By using ARTPRO.
The team behind ARTPRO strongly believes that it is time that the process of valuing art, authenticating its originality, and purchasing it was changed. For this reason, it seeks to create a marketplace where contemporary artists and private dealers can interact.
Its mission is to connect buyers with artists while eliminating other intermediaries and the excessive fees that come with completing such a transaction.
The Problem Identified
Using Art to Store/Hold Wealth
For many years, many people have revered art for much more than its beauty. Many of its owners have used all kinds of art to store value, from the contemporary pieces of yesterday to the Old Masters. Investing in art has always helped its owners to safeguard their wealth against fluctuations that occur in the money markets.
Many art pundits believe that close to 30 percent of all art sales occurring today involve forged or highly inflated prices. Some of the threats available today, according to a 2017 report pertaining to attribution, forgery, lack of provenance and authenticity issues.
These are the threats posing a challenge to the sale of art today.
ARTPRO wants to simplify the sale of art. Anyone interested in selling and buying art on the web should not have to worry about the threats mentioned above.
By providing a friendly user platform, ARTPRO believes that this can easily come to fruition. The platform will take advantage of all the benefits associated with the blockchain technology.
By doing this, it will become easy to restore trust back into the art industry. Users will no longer have to deal with unreliable and untrustworthy art authenticators.